The company, she said, "would trade among itself to drive the price up."
If the company does trade at a 12 multiple, like other media companies, 20 percent of that would be $2.5 billion.
Since 1995, the company has traded in a range of 1.31 to 3.7 times its book value.
As a result, the two companies traded places in the market share war.
Some companies are trading for less than the value of cash on their books, he said.
Management made us a cash offer of $50, about 10 percent more than what the company was trading for in 1984.
The company is trading well above its 52-week low of $19.52 reached in August.
It is about helping small companies trade across national boundaries.
Over the years the company would trade in a diverse range of commodities.
The company has been trading under the Atkins name since 2002.